Usual effect: If the published report is hawkish, it will positively affect the GBP. ▶️This data is published monthly. ▶️ This voting is reported in
Usual effect: If the published report is hawkish, it will positively affect the GBP. ▶️This data is published monthly. ▶️ The MPC uses this index as one of the main tools to communicate with investors about monetary policy. The report includes the outcome of their votes on interest rates and other policy measures and a commentary on the economic conditions that influenced their votes. Most importantly, it discusses the economic outlook and provides clues about the upcoming votes' outcome.
Usual effect: The previous interest rate was 1.75%, and we expect the current rate to increase to 2%. A higher-than-expected increase will positively affect the CHF currency. ▶️This data is published quarterly. ▶️ This is the SNB's main operating target rate. Short-term interest rates are the main factor in currency valuation. Traders look at most other indicators to predict rate changes in the future.
Usual effect: If the published report is hawkish, it will positively affect the CHF currency. ▶️This data is published quarterly. ▶️ The SNB board uses this index as a main tool to communicate with investors about monetary policy. The report includes the outcome of their decision on interest rates and a commentary on the economic conditions that influenced their decision. Most importantly, it predicts the economic outlook and provides clues about the future rate decisions' outcome.
Usual effect: The previous GDP rate was -0.1%, and we expect the current rate to increase to 0.4%. A higher-than-expected increase will positively affect the NZD. ▶️This data is published quarterly. ▶️ This index is the broadest measure of economic activity and economic health's main measure.
Usual effect: If the published report is hawkish, it will positively affect the US Dollar. ▶️This data is published 8 times a year. ▶️ The Federal Reserve uses the press conference as one of the main methods to communicate with investors about monetary policy and it covers in detail factors such as the outlook for future growth and inflation that have influenced the latest interest rate and other policy decisions. The questions at this conference often lead to spontaneous answers causing extreme volatility in the market.
Usual effect: If the published report is hawkish, it will positively affect the US Dollar. ▶️This data is published 8 times a year. ▶️ Usually, the Federal Reserve changes the statement slightly each time. Traders focus on these changes. The FOMC uses this statement as the primary tool to communicate with investors about monetary policy and includes the outcome of their votes on interest rates and other policy measures, along with an explanation of the economic conditions that influenced their votes. Most importantly, it discusses the economic outlook and provides clues about the upcoming votes' outcome.
Usual effect: If the published report is hawkish, it will positively affect the US Dollar. ▶️This data is published 4 times a year. ▶️ This report includes the FOMC's forecast for inflation and economic growth in the next 2 years and, more importantly, has the interest rate forecasts' analysis of individual FOMC members. The Federal Reserve uses this report as the main tool to communicate its economic and monetary forecasts to investors.
Usual effect: We predict this rate to be stable compared to the previous rate (5.50%). However, the increase in this rate will strengthen the USD at the release time. ▶️This data is published 8 times a year. ▶️ The main factor in currency evaluation is short-term interest rates. Traders look to most other indicators to predict rate changes in the future.
Usual effect: We expect an increase in the previous rate, which was 6.8% to 7.0%. If this occurs, it will strengthen the GBP currency. ▶️This data is published monthly. ▶️This index is considered the UK's most important inflation data because it is used as the central bank's inflation target. Consumer prices account for most of the overall inflation. Inflation is essential for currency valuation because the price hikes cause the central bank to increase interest rates to curb inflation.